Blog

Rolling Out PBAs in JCT Contracts

/ Contractual Issues, JCT Product Updates

Blog Author: John Riches – Vice-Chair, JCT Drafting Sub-Committee   Project bank account provisions are now available for all JCT contract suites – improving cash flow through the industry… Lord Denning said in Modern Engineering (Bristol) Ltd vs Gilbert Ash (Northern) Ltd 1973 that “cash flow is the lifeblood” of the construction industry – a sentiment that is particularly apposite where parties feel they are not being paid enough or on time. There have been a plethora of reports on the ills of the industry featuring…

Smart Contracts – What Are They and How Do They Fit in With Traditional Contracts?

/ Contractual Issues, Digital

Blog Authors: Charles Maurice, Partner and Daniel Fournier, Paralegal – Stevens & Bolton LLP   Smart contracts – fruit of the nascent distributed ledger technology – are an emergent disruptor to the legal landscape, but what are they and how do they fit in with traditional contracts? You might be forgiven for thinking that contract law in the UK is neither modern nor smart: after all at times we still rely on legal principles handed down in judgments from the Victorian era and earlier. However,…

JCT’s Parliamentary Reception Highlights The Need To Support Construction’s Future Leaders

/ Education, Skills and Students, Latest News, Press Releases

JCT used its Construction Industry Parliamentary Reception, hosted at the House of Commons, to highlight the importance to the future of the construction industry of supporting young professionals and providing education and training opportunities. The event, held on 17th June, and JCT’s first Parliamentary Reception since the Covid-19 pandemic, was an occasion to bring back together professionals across the industry who contribute to JCT’s success and welcome members of JCT’s Young Professionals Group (YPG). The YPG is a networking group aimed at those primarily in…

JCT releases new Minor Works and Sub-Contract Video Module Training Courses

/ Latest News, Press Releases

JCT has announced the release of two new courses from the JCT Training Video Modules Series, ‘Introduction to JCT Minor Works Building Contract 2016’ and ‘Introduction to JCT Sub-Contracts 2016’. The Minor Works course provides a series of modules covering all aspects of the JCT Minor Works Building Contract, including when to use MW 2016, the structure of the document, employer and contractor’s key obligations, payment, variations, delays and extension of time, and more. The Minor Works modules assist users who wish to brush up…

JCT will look to Industry’s Future at Parliamentary Reception

/ Latest News, Press Releases

JCT will be hosting its first Construction Industry Parliamentary Reception since the Covid-19 pandemic, focusing on the future of the construction industry and support for young professionals. The event, taking place on Friday, 17 June 2022, is an exclusive occasion for JCT’s members and guests, celebrating the achievements of JCT and the wider industry, raising awareness of important issues or new developments, and an opportunity to thank those professionals involved in making JCT a success. This year’s event will highlight the future of the built…

Post-Brexit Procurement Reforms to Take Shape in 2022

/ Legislation

Blog Author: Graeme Young, Partner and Kirsti McKenzie, Associate – CMS On 6 December 2021, the Cabinet Office published its plans for transforming public procurement rules post-Brexit. The plans involve introducing primary legislation to Parliament in the form of the Procurement Bill, which will be further implemented through secondary legislation together with ‘a detailed package of published resources (statutory and non-statutory guidance on the key elements of the regulatory framework, templates, model procedures and case studies)’. These reforms were consulted on over a year ago (the Green Paper was…

JCT’s Updated PBA 2022 Now Available in Hardcopy and Digital Formats

/ JCT Product Updates

Back in February, JCT announced the release of the Project Bank Account Documentation 2022 (PBA 2022). The new product is now available in all formats, including hardcopy, JCT On Demand digital, and as part of the JCT Construct subscription service, via the JCT Online Store. Project Bank Account documentation is designed to help parties to a JCT contract who wish to set up a Project Bank Account as part of their fair payment practices. PBA 2022 comprises three parts: JCT Project Bank Account Agreement (PBA)….

Interdisciplinary Biomedical Research Building, University of Warwick

/ Case Studies

The University of Warwick’s Interdisciplinary Biomedical Research Building (IBRB) is a world class research facility, remarkable for its extensive use of offsite manufacture which ensured it could be delivered to quality and timescale, whilst also being highly sustainable. The project was built on a JCT Design and Build Contract. The IBRB is a £33m project providing a state-of-the-art facility on the University of Warwick’s Gibbet Hall campus. It was designed by Hawkins Brown Architects and Fairhurst Design Group. The main contractor was Wilmott Dixon. Apropos…

JCT Digital – Are You Making the Most of Our Online Services?

/ Digital, JCT Product Updates

Flexible options to buy and work with your JCT contracts online, plus an important notice about our JCT Contracts Digital (CD) Service JCT is committed not only to best practice in creating its suite of contracts but also in their delivery, including embracing the latest digital technologies to support the drafting process and make accessing JCT contracts easier. Two years ago, we launched our current digital services, JCT On Demand and JCT Construct, not knowing the unprecedented set of challenges the construction industry was about…

JCT Training Video Modules – Brush Up on Your JCT Contract Knowledge

/ Education, Skills and Students, JCT Product Updates

JCT Training Video Modules is the latest option available from JCT as part of its JCT Training initiative. The video modules provide a short introduction to the key elements of JCT contracts. They are convenient and useful for those wishing to refresh their knowledge of a particular aspect of a contract or familiarise themselves with a JCT contract for the first time. Available via the JCT Online Store, the videos can be purchased either individually, where a quick-reference guide on a particular aspect of a…